Saturday, December 31, 2011

Thursday, December 29, 2011

Featured below is the interview that Thierry Meyssan gave to our colleagues from the Algerian daily newspaper the La Nouvelle République. Worthy of mention is the fact that the interview was given front page billing. While Western journalists eagerly relay the war propaganda against Syria, another reading of the events is emerging in countries where the press is not required to adjust to the editorial line dictated by the Empire.

Monday, December 26, 2011

December 24, 2011 - In January of 2011, we were told that "spontaneous," "indigenous" uprising had begun sweeping North Africa and the Middle East in what was hailed as the "Arab Spring." It would be almost four months before the corporate-media would admit that the US had been behind the uprisings and that they were anything but "spontaneous," or "indigenous." In an April 2011 article published by the New York Times titled, "U.S. Groups Helped Nurture Arab Uprisings," it was stated:

"A number of the groups and individuals directly involved in the revolts and reforms sweeping the region, including the April 6 Youth Movement in Egypt, the Bahrain Center for Human Rights and grass-roots activists like Entsar Qadhi, a youth leader in Yemen, received training and financing from groups like the International Republican Institute, the National Democratic Institute and Freedom House, a nonprofit human rights organization based in Washington."

The article would also add, regarding the US National Endowment for Democracy (NED):

"The Republican and Democratic institutes are loosely affiliated with the Republican and Democratic Parties. They were created by Congress and are financed through the National Endowment for Democracy, which was set up in 1983 to channel grants for promoting democracy in developing nations. The National Endowment receives about $100 million annually from Congress. Freedom House also gets the bulk of its money from the American government, mainly from the State Department. " Detailed article posted here

Thursday, December 22, 2011

Aldel Hakim Belhaj is the historic leader of Al Qaeda in Libya and Military Governor of Tripoli - now chief of the Free Syrian Army.

by Thierry Meyssan – Voltaire Network | 19 December 2011

In the wake of the “Arab Spring” and NATO interventions, both official and secret, Qatar seeks to impose Islamist leaders wherever possible. This strategy has led it not only to fund the Muslim Brotherhood and to hand Al-Jazeera over to them, but also to support Al Qaeda mercenaries, who will henceforth oversee the Free Syrian Army. However, this new scenario raises serious concerns in Israel and among the supporters of the “clash of civilizations.”The UN Security Council members are at loggerheads over the interpretation of the events that are rocking Syria. On one hand, France, the United Kingdom and the United States claim that a revolution has swept the country, in the aftermath of the “Arab Spring”, and suffering a bloody crackdown. On the other hand, Russia’s and China’s take is that Syria is having to cope with armed gangs from abroad, which it is fighting awkwardly thereby causing collateral victims among the civilian population it seeks to protect.

The on-the-spot investigation undertaken by Voltaire Network validated the latter interpretation [1]. We have collected eyewitness testimonies from those who survived an armed attack by a foreign gangs. They describe them as being Iraqis, Jordanians or Libyans, recognizable by their accent, as well as Pashtun.Continue reading article here

The first name that comes to everyone’s mind here is Halliburton. According to MSN Money, Halliburton’s KBR, Inc. division bilked government agencies to the tune of $17.2 billion in Iraq war-related revenue from 2003-2006 alone. This is estimated to comprise a whopping one-fifth of KBR’s total revenue for the 2006 fiscal year. The massive payoff is said to have financed the construction and maintenance of military bases, oil field repairs, and various infrastructure rebuilding projects across the war-torn nation. This is just the latest in a long string of military/KBR wartime partnerships, thanks in no small part to Dick Cheney’s former role with the parent company.

The Iraq war is many things to different people. It is called a strategic blunder and a monstrous injustice and sometimes even a patriotic mission, much to the chagrin of rational human beings. For many big companies, however, the war is something far different: a lucrative cash-cow. The years-long, ongoing military effort has resurrected fears of the so-called “military-industrial complex.” Media pundits are outraged at private companies scooping up huge, no-questions-asked contracts to manufacture weapons, rebuild infrastructure, or anything else the government deems necessary to win (or plant its flag in Iraq). No matter what your stance on the war, it pays to know where your tax dollars are being spent.

Following is a detailed rundown of the 25 companies squeezing the most profit from this controversial conflict. Read article here

Eric Hardmeyer may be the most popular banker in America. Over the last two years officials and advocacy groups in more than 30 states have called the Bank of North Dakota, where he is chief executive officer, to ask: How does the country’s only state-owned bank work? “As the financial crisis deepened and there were liquidity issues around the country,” says Hardmeyer, “our model was looked at a little bit deeper than it ever had been before.”

The Bismarck-based bank was founded in 1919 to lend money to farmers, then the state’s biggest economic contributors, and retains its socially minded ethic by subsidizing loans for those it believes will stimulate growth: startup businesses and beginning farmers and ranchers. The borrowers apply for the loans through one of the state’s 100-plus local banks and credit unions. If they qualify, the community lender issues the loans at the market rate; the borrowers pay a fraction of the interest, with the Bank of North Dakota covering most of the difference. How can the state bank afford the subsidies? Profit isn’t its first priority. “We have a specific mission that we’re trying to achieve,” says Hardmeyer, “that’s not necessarily bottom-line driven.” Continue reading article here

Friday, December 16, 2011

Wednesday, December 14, 2011

Chinese stocks are flashing warning signs. The Shanghai index has fallen 30pc since May. It is off 60pc from its peak in 2008, as much in real terms as Wall Street from 1929 to 1933. Photo: Reuters

China's credit bubble has finally popped. The property market is swinging wildly from boom to bust, the cautionary exhibit of a BRIC's dream that is at last coming down to earth with a thud.

By Ambrose Evans-Pritchard

It is hard to obtain good data in China, but something is wrong when the country's Homelink property website can report that new home prices in Beijing fell 35pc in November from the month before. If this is remotely true, the calibrated soft-landing intended by Chinese authorities has gone badly wrong and risks spinning out of control.

The growth of the M2 money supply slumped to 12.7pc in November, the lowest in 10 years. New lending fell 5pc on a month-to-month basis. The central bank has begun to reverse its tightening policy as inflation subsides, cutting the reserve requirement for lenders for the first time since 2008 to ease liquidity strains.

The question is whether the People's Bank can do any better than the US Federal Reserve or Bank of Japan at deflating a credit bubble.

Chinese stocks are flashing warning signs. The Shanghai index has fallen 30pc since May. It is off 60pc from its peak in 2008, almost as much in real terms as Wall Street from 1929 to 1933.

"Investors are massively underestimating the risk of a hard-landing in China, and indeed other BRICS (Brazil, Russia, India, China)... a 'Bloody Ridiculous Investment Concept' in my view," said Albert Edwards at Societe Generale. Read full article here

Tuesday, December 13, 2011

Section 1031 of the NDAA as currently worded authorizes the President to use Military Force to detain indefinitely based on suspicion alone and without trial American citizens on American soil, effectively making the United States a Police State similar to Nazi Germany in the 1930’s and 40’s.Check out the details here

Monday, December 12, 2011

Sunday, December 11, 2011

Created in Paris under French sponsorship, the Syrian National Council aims to overthrow the regime of President Bashar al-Assad. It is chaired by Burhan Ghalioun, professor of sociology at Sorbonne University (he is seen here with French Foreign Minister Alain Juppé, 23 November 2011).

by Thierry Meyssan

For eight months, Western leaders and some public media have been agitating for a war in Syria. The extremely serious accusations leveled against Assad intimidate those who question the justification for a new military intervention. But not everyone, because - on the initiative of Voltaire Network - some came to Syria to investigate for themselves and were able to measure the extent of NATO’s propaganda. Thierry Meyssan reports on the state of the media war.Informative article posted here

Thursday, December 8, 2011

December 4, 2011 - What would Americans say if they found their polling stations and certain political parties entirely infiltrated by Chinese money, Chinese observers, and Chinese-backed candidates promoting China's interests in an AMERICAN election? The answer ranges from incarceration, to trials featuring charges ranging from fraud, to sedition and even treason with sentences ranging from decades to life in prison, perhaps even death, as well as possible military action for what could easily be considered an act of war.Article published here

(Reuters) - Saab's Dutch owner and China's Zhejiang Youngman Lotus Automobile have agreed that the Bank of China, the nation's fourth-largest bank by market value, will come in as part owner of the ailing carmaker, according to a source familiar with the deal. Article posted here

Editor: Not mentioned in the article, SAAB is an exporter of missile systems

Two television spots developed by a national investment firm specializing in U.S. gold and silver coins have been rejected by major television networks, including the Fox News Channel and the Fox Business Network, for apparently political reasons. Article posted here